IEEE 4 October 2000 National Taiwan University A Society Publisher Looks at 21st Century Scientific Publishing 4 October 2000 National Taiwan University Paul Canning IEEE Director Publication & Information Marketing

IEEE Scholarly Communication: Traditional View Author  Publisher  Editor  Subscription Agent  Library  Reader

IEEE 21st Century Factors o Disintermediation o Economic Value

IEEE Society Publisher’s Value Proposition o Serving Author and Reader o Ensuring Quality Content o Delivering Content in Robust Electronic Research Environment o Generating Recognition and Readership in the Community

IEEE IEEE Serves it’s Members (in thousands)

IEEE Value: Peer Review o All IEEE articles rigorously peer reviewed o New online peer review system

IEEE Top-Cited Publications Source: 1998 Journal Citation Report o In Electrical & Electronics Engineering 8 of the Top of the Top of the Top 70 o In Telecommunications 7 of the Top 10 o In Computer Science 7 of the Top 10 in Hardware & Architecture 3 of the Top 10 in Computer Theory & Methods 5 of the Top 10 in Software, Graphics & Programming o In Robotics & Automation 4 of the Top 10 o In Aerospace, Applied Physics, Biomedical Engineering, Manufacturing, Transportation and more!

IEEE Value: Depth of content o In IEEE/IEE Electronic Library… –All IEEE & IEE journals, conferences & standards with INSPEC subset –12 year backfile –Over 600,000 articles –Over 4,000 publication titles –From more than 400,000 authors o Over 30% of world’s literature

IEEE Value: Electronic Environment o IEEE founding member of CrosRef o Committed to DOI o Live links from INSPEC, other indexes

IEEE Value: Marketing o Generates readership through society membership and institutional customers o Attracts top quality authors, content

IEEE Library Perspective: Economic Challenges Since 1995, 11 of the most expensive STM journals, ranging from $3280 to $16,344, have shown a yearly increase of 10.6% (cumulative: 65.7%). Subscribing to all 11 titles is priced at $86,000 per year -  accounting for % of the holdings  accounting for 2% of journal budget (source: ARL)

IEEE Impact on Collections Worlwide o Data: Australia documents a 43.7% decline in total journal subscriptions for 38 university libraries between 1993 and o Data: During one recent year, 24 Canadian libraries cancelled $4.34 million (Canadian) in journal subscriptions.

IEEE Engineering journals 2000 Source: Library Journal April 2000

IEEE 2000 Prices of Engineering Journals Prices equalized to 500 pages

IEEE Example: Comprehensive Society Packages o Package –All-Society Period’s Package –POP Plus –IEEE Standards –IEE Print –INSPEC subset –TOTAL –IEL price o Package price –$21,995 –$38,990 –$19,200 –$ 8,600 –$ 6,035 –$94,820 –$79,995

IEEE Pricing vs online costs

IEEE Society Publishers Valued by Librarians o …s ociety journals do offer a far better value than commercial titles. A study released by U Wisconsin shows that for average price, cost per thousand characters, and cost/impact ratio, non-profit journals…are more cost effective than commercial titles. A Cornell University study in 1998 had similar findings… (Source: A Question of Access, Richard K. Johnson; D-LIB Magazine, May 2000.)

IEEE Then Why Worry, Society Publishers? o Continued consolidation of publishers –29 acquisitions in 1999 (Source: Professional Publishing Report January 2000) o The world “belongs to the large”? o Rising costs of online development

IEEE Society Values o Not-for-profit organizations o Mission is –to serve members –to disseminate information o Publish high-quality material at below market average prices o Survive and grow in a competitive environment

IEEE IEEE Congratulates CONCERT on your 2nd Anniversary